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Jul 12, 2024
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Rensselaer Catalog 2024-2025
Biotechnology and Health Economics
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The B.S. in Biotechnology and Health Economics provides students with a combination of skills in the biosciences, biotechnology, and economics. We anticipate substantial demand from various sectors in industry and consulting for majors from this program. The combination of skills in complementary areas of biotechnology, sciences and economics is increasingly in demand in industry and consulting. Skilled and quantitatively-trained personnel are often required to analyze not only the scientific side and emergence of new technologies, but also the economic implications for firms related to their pricing, investment, and innovation strategies, as well as the interface with economic and regulatory policy.
Objectives:
- Be able to understand and analyze the key technological and economics related issues in the biomedical and healthcare industries.
- Develop analytical skills to study the scientific aspects of biotechnology and biosciences, and the economics of healthcare markets and policies. Particular emphasis will be placed on modeling, and quantitative and data analysis.
- Be prepared for career opportunities in a wide range of companies in the pharmaceuticals, biotechnology, and medical devices sectors, healthcare consulting firms, health insurance companies, hospitals, public policy institutions, in State and Federal Government, among other sectors.
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Spring
- Biotech and Health Economics Focus ARea Course #1 Credit Hours: 4 (See Footnote 2)
- Required Economics Course #2 Credit Hours: 4 (see Footnote 4)
- Free Elective Credit Hours: 4
Fall or Spring
- Biotech and Health Economics Focus Area Course #2 Credit Hours: 4 [See Footnote 2]
- Free Elective Credit Hours: 4
- Free Elective Credit Hours: 4
- Required Economics Course #3 {see Footnote 4} Credit Hours: 4
Fall
- Biotech and Health Economics Focus Area Course #3 Credit Hours: 4 [See Footnote 2]
- Free Elective Credit Hours: 4
- Free Elective Credit Hours: 4
- Culminating Experience Course: Credit Hours 4 (see footnote 3)
Spring
- Biotech and Health Economics Focus Area Course #4 Credit Hours: 4 [See Footnote 2]
- Free Elective Credit Hours: 4
- Free Elective Credit Hours: 2
Footnotes
- If credit is transferred for ECON 1200, you can not also receive credit for INQR 1200 . Students who bring transfer ECON 1200 into Rensselaer prior to their first semester should take ECON 2010 instead of INQR 1200 in their first semester.
- Focus areas for Biotechnology and Health Economics:
•Data Analytics
•Drug Discovery
•Biotechnology
•Economics and Policy
Students must select one focus area and complete four courses from the course list below. Please keep in mind that some focus area courses have additional prerequisites as you plan your coursework.
3. Biotechnology and Health Economics majors must complete at least one of the following courses to satisfy the culminating experience requirement:
ECON 4010
ECON 4110
ECON 4150
ECON 4190
ECON 4320
ECON 4360
ECON 4370
ECON 4380
ECON 4430
ECON 4580
ECON 4590
4. Biotechnology and Health Economics majors must take each of the following three Required Economics Courses (These courses do not have a specified sequence and students may take them in any order) :
ECON 4170
ECON 4270
ECON 4290
Data Analytics Focus Area
Drug Discovery Focus Area
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